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's budget you are going to have a trillion dollars deficit. he said, i have not done anything yet. [laughter] he said, no mr. president, the budget they passed guarantees no matter what you do, you will have a trillion dollar debt this year in the budget. a trillion dollar deficit, to be precise. these guys talk about the national debt. what date did generated the -- what they did generate -- generated the jobs since world war ii. it gave us this great recession. what they have not told us is what they are willing to do about it. we laid out a $4 trillion debt reduction plan over next 10 years. we have already passed $1 trillion of it. these guys voted against everything. not only did they say they did not like our plan -- what is your plan? you go out there and you look at the setup. an impressive bipartisan commission. simpson-bowles. everyone of those plans, they rejected. paul ryan even voted against the simpson-bowles plan as a member of the commission. he would not vote to let it get to the united states congress. why? it's important you know why. because they will not voted for a sing
fought our way out of these deficits and the last 12 years when we have gone from 4 trillion dollars in debt to 16 trillion dollars today? >> i am glad you mentioned that number. it is going to cause a huge problem. if you have cancer you do not wait until it is over your whole body. get all of these things, really explain the problem, and hopefully we will get people to deal intelligently with the problem. your wife he ran on fiscal responsibility in washington, declining trust in government, in addition to nafta. the truth is we are much worse on all of those issues today than we were in 1992. gooif you look back at 1992, in part because of the world ross , they did several things. impose budget controls and taxes when they thought they were responsible. they did the right thing for the country. president bush 43 -- his term is over. whoever the next president is needs to change course, because if we do not, the problems of europe could have here. >> we are going to talk about some of these issues of 9-11 and the war and the health -- in the tax cuts of 1998, but let me take you ba
with a clear, credible, concrete, and enforceable plan to deal with the structural deficit lying ahead. you need to do both. that is the only thing that makes any sense. it is the only thing that m akes sense from the standpoint of politics. >> you spoke in 1992 about the campaign, your plan sounded then a lot like some of these bowls simpson's balanced-type plants that are coming out now. you did some of everything. you did not leave out sacred cows. the one that higher taxes, higher gasoline taxes, you wanted the wealthy to pay more weather in higher taxes or not taking entitlements. do you find that willingness to day on the part of candidates to hit all the sacred cows? >> i do not see anybody doing it, do you? if somebody is doing it, i am missing it. i thought they would hope this go away and they could run on all these things when you are talking on the television. >> would it take candidate saying you'd need to do all those things, not just going after entitlements cut domestic spending, defense, but also to raise taxes? you need to do all those things, do you feel? >> we need to do
be here doing the major things. people want jobs and have to reduce the deficit and avoid the fiscal cliff. this has been the most unproductive session in congress in all the years and decades that i have been a member. we have veterans benefits that will not be increased unless congress acts, we have people waiting for the government to do its job and it is disgraceful that we went home without doing the things that need to be done. we left for the election campaign at the earliest time in memory. the could have stayed here longer and we would call the republicans to bring this back so we can to the nation's business. the republicans have been extremely anti-environmental, hostile to a lot of the women's legislation, they have harmed the middle-class, poll last year and a half has been simply postures and get all the work that is to be done is not addressing these issues. congress should come back in session. we should be working, not taking this time off. i want to call my colleague chris van hollen. >> thank you, henry. there's a will to get things done. we just had the whistle blower p
to get the deficit down to 4.5% deficit. quite frankly, that is pie in the skil according to pretty much all the analysts and the economists. and it's just a question of how much they'll miss by. because this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it will cost them 3.5 billion euro misincreased pension costs. so you can see the conundrum. they're enacting enormous amounts of austerity, but that's denting an economy which is already in recession. its second since 2008. and things are getting worse. 25% unemployment, a million up sold homes. and we haven't even talked about the banking crisis and the autonomous region, some of which including catalonia ar
came in office. i inner hadited the biggest deficit in our history. the last four years it went up and 90 percent is consequence of two wars that were not paid for and tax cut that is were not paid for . prescription drug plan not paid for and worst economic crisis since the great depression. that accounts for 10 percent of the increase in the deficit. >> brian: front page of the new york times. stuart rather thaney it is over one trillion. every budget when they do the math he is over budget by a trillion dollars. >> gretchen: he said 10 percent. wars and the horrible recession he was begin that only accounts for 10 percent. >> yes. >> gretchen: what about the other 90 percent? >> steve: george bushes fault? >> gretchen: i am anding a question. >> you are exposing the attitude of the establishment media to all of president obama and his economic record. break it down. the president said i am only 10 percent responsible for a massive accumulation of debt. he is a big spender, a very big spender and that's the principle reason why we have a massive deficit of trillion a year. he has
have started looking over. we got current account deficit and that taps at 3.9%. was at about 4.5%. in the quarter gone by, there was a surplus of close to about $5 billion. and we just got the august trade data out, as well. imported out about 5.1%. and august trade data is more or less in line. on that note, it's back to you again. >> all right. thanks for that. gold a bit of a boost in the run up to qe being launched since -- >> yeah, consolidating. i guess we've seen a pretty positive correlation between qe and pursuing months. so i think we'll see it push higher. as we see the race to the base, it can only be good for the gold price and obviously an even more interesting place, the gold miners. >> i just want to point out this tie isn't because i'm long gold. it's actually because i'm supposed to be matching, see that, this is the -- >> you need to be in a blue tie. >> there's some yellow in there, fwr greg. should have worn a yellow shirt. >> next time. >> not that you should take any fashion advice for me. so what about the reaction to that chinese data? li has the detail
trillion national debt we have runaway deficits each and every year. we need to have the people down there and focus in a bipartisan matter. we do not need blood and teeth in the streets. we need people will find solutions. >> in this state, the legacy of senator kennedy is well known. part of that legacy is being able to compromise and work with republicans. can you name republicans in the senate that you are able to work with on big issues that the country faces? >> probably richard would be one that comes to mind. >> not going to be there. >> that is a problem. >> let me ask the question. are there any republicans that will be in the senate that you fill you can work with substantively and compromise with? >> it depends on what the subject matter is. let me give you an example. on the question of fannie and freddie -- fannie mae and freddie mac. the republicans have said across the spectrum that we need to revise fannie and freddie. i think there are wrong. at the that is an issue i think i could work with virtually every republican in the united states senate because it is an imp
to balance budget deficits that were around $500 million. this year, we're facing another budget deficit of almost $400 million. fortunately in recent years, we have had some ability to do some one-time budgeting tricks that allow us to balance the budget that do not exist this year. in past years, we've received federal stimulus money. we received more monies from the state government. last year our labor unions decided to contribute a quarter of a billion dollars to help balance last year's and this year's budget. those are things we do not have the ability to avail ourselves of us we balance the upcoming budget in a few months. we are faced with far fewer options. i think we are going to have to continue to look at very deep and difficult cuts. our priorities have to be insuring and protecting the most basic city services and helping to ensure that we have services to the most vulnerable during this great recession. >> what about the city's housing needs? what should the board due to address those needs? >> we are a city that is seventh by 7 miles. we have incredible density. we're th
but not blow up the deficit. >>> and no animals were harmed in the making of this video. skater dude meet deer. that clip later in the show. first to the news live at 5:30 a.m. at 30 rock in new york city. >>> we begin with stories from overseas where foreign policy is coming out as the central topic in the election with much of the recent focus on the attack on bengahzi, libya. romney advisers are split on how broadly they should hit the president over his handling of the attack and why it took so long to acknowledge it was an act of terrorism. some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was part of the spontaneous protest after an anti-islamic video. yesterday paul ryan and
the math work on his deficit plan and his tax plan. are we going to get those details in the course of the debate? >> well, you know, david, i wish you guys were just as tough on the president. the president says he's going to create a million new manufacturing jobs. he doesn't say how. he says he's going to reduce the long-term debt and deficit by $4 trillion. doesn't say how he's going to do it. you know, let's be fair here. governor romney has laid out a direction and a vision for the direction of this country. he's not an accountant. he's not going to go line by line as much as you'd like him to do through the budget. but let's hold the president to the same standard and criticize him as well. >>> good morning, it is monday, october 1st. it's october, everybody. welcome to "morning joe." >> yeah, you know who's glad september's over? >> who? >> the jets. holy cow! >> i thought you were going to say mitt romney. with us on set, we have msnbc and "time" senior political editor mark halperin and national affairs editor for "new york" magazine john heilemann. guys. hi, willie. >> he
his stances around immigration. here is a candidate looking at a huge deficit in some of these swing states, deficits among hispanics, deficits among women. he's got to make ground up in this 90 minutes. it's not a long time. he has to please republicans who have been calling for him to get more specific in terms of his plans around tax reform and all sorts of other ideas he has. he has a real tall order going into this debate. >> governor romney is dogged about the 47% remark. i want to show the interview he did this week with a local affiliate. >> if you could go back to that fund-raiser, would you have said it differently? >> it's difficult for me to know how they will cobble 51% of the people. i'm going to be a president for the 100% of the people. i demonstrated throughout my life. >> the question should be if you could go back, would you sweep that room for cameras to make sure you weren't being recorded. will that answer be enough when asked about this? as he is sure to be asked about this tomorrow night. >> i'm sure, obviously, that was a very inartful statement he said. i'm
not quite recognized the deficit we have. as for the state level, a lot has happened. we work at the state level. we attempt to put together coalitions that recognize the importance of educating kids from conception to kindergarten. we are finding more business people who get the reality. they are understanding the situation and are increasingly ready to take action. in the area lisa pointed to, educating early solves educational problems. we published a report last march. it is on the website. it is a way to reduce special education costs. we know quality pre-kindergarten provided to 100 kids yields in reduction in special education costs alone enough to pay for the services. at the state level, there is an understanding that takes place that people can act on. it can better be done on the school district level. the power of technology is enabling people at local levels to act in ways they cannot at the federal level. as they act at the local and state level, it becomes clear that the federal level what needs to be done. the beginnings of this process are sufficiently still knew that it w
-dollar deficits from the bush administration. >> they put two wars on a credit card, not paying a penny, not paying a penny. >> reid: meanwhile be president obama and mitt romney were hunkered down today cramming for next week's debate showdown. both sides are working hard to lower expect aches by praising their opponents. a romney adviser says the president has the advantage as one of the most talented political communicators in modern history. the obama campaign says romney has the agent having debated about two dozen times during the republican primary campaign. >> both of these individuals are had ample experience debating but governor romney has had more practice recently and practice helps. >> kathleen hall jamieson kathls the nonpartisan annenberg center. >> the challenger has the opportunity to establish he is competent to stand up and hold his own against the president of the united states. a challenger who accomplishes that in effect wins the first debate. >> reporter: jamieson says both candidates are hoping for a big moment that voters will remember. >> joe the plumber. >> r
want bigger government, more intrusive government, trillion dollar deficits as far as the eye can see will vote for him. those who believe we should encourage economic growth, support small business, and create more jobs will vote for me. >> that first debate will take place wednesday night in denver. >>> president obama will stay here in the district today. he has three campaign events scheduled in d.c. the president also campaigned yesterday in virginia. he was 200 miles from romney in virginia beach. >>> the nfl referees are back on the job. the regular refs received a standing ovation when we took the field before last night's ravens-bengals game in baltimore. the honeymoon was short-lived, as you might imagine. the crowd quickly booed when the hometown ravens were called for an unsportsmanlike penalty. this was the first game since the nfl and players union reached a tentative agreement on a new labor contract. nfl commissioner roger goodell apologized to fans for the lockout. >> we're sorry to bring our fans through that, sorry to bring the general public through that. that's, u
the biggest deficit in history. >> gretchen: who is responsible for the other 90 percent. somebody else? we'll break down the numbers next. >> brian: washington post had a problem. >> key to a woman's heart scaring her half to death. staging a plane crash and popped the question. >> gretchen: that would be an automatic no. -[ taste buds ] donuts, donuts! -who are these guys? -oh, that's just my buds. -bacon. -my taste buds. -[ taste buds ] donuts. how about we try this new kind of fiber one cereal? you think you're going to slip some fiber by us? okay. ♪ fiber one is gonna make you smile. ♪ [ male announcer ] introducing new fiber one nutty clusters and almonds. droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, america's largest 4g lte network, and motorola, droid does. get $100 off select motorola 4g lte smartphones like the droid razr. seems they haven't been moving much lately. but things are starting to turn around because of business people like yo
of initiatives to educate voters on issues in the election. the debt and deficit exceed $16 trillion. his article will appear tomorrow in usa today. we will show you an excerpt in just a moment. first some context to ross perot. when he ran as a third-party, he talked about the growing debt. \ [video clip] >> the world of a unlamented opportunity. what what they say to us if they knew by the year 2000 we will have left them with a national debt of $8 trillion? what would they say if they knew we make them the first generation of americans with a standard of living below the generation below them? we cannot do this to our children. in this election we have the opportunity to choose a candidate not a career politician, but a proven business leader with the ability to take on the tasks at hand. to balance the budget, to expand the tax base, to give our children back the american dream. the candidate is ross perot. the issue is our children. the choice is yours. host: from 1992 when he ran his first of two independent bids for the white house, falling short in 1992 and 1996. one viewer says we need t
on the short term. he would have also focused on the structural. our problem isot the correct deficits and debt. although they are shockingly high. the problem is what is not on the balance sheet. as a businessman, he understands that is the real problem. you have to solve that problem as well. in addition, ross perot has an incredible ability to communicate and no hesitancy to go directly to the american people. that is what we need from our president. who ever our president is. we have to rally the public of around the fact that we have no choice but to make these tough races. we are going to solve this problem. are we going to solve it prudently and preemptively or for the market forces us to or will we wait for the market to force us which will be a global depression, drop tax increases. is that what we are going to do? it is all about leadership. >> the risk of some asian taking us over -- some nation -- the risk of some nations taking us over should be in people's minds here >> you are an equal opportunity critic of both parties. you -- are you aligning yourself one way or another or supp
specifics whether it's the american jobs act or whether it's his plan to responsible bring down the deficit by $4 trillion. this is specifics that are coming out of our ears specifics. mitt romney -- this debate and the issue you raised is more about how they see the country and mitt romney has made clear and i was watching that interview with absolute disbelief as i'm sure many americans were that he thinks people making $50,000 a year, that's a fire fighter, a nurse, a teacher, those people should pay 1 a. higher rate than people making millions. and this is a real difference between their views of the world, that i views of country and what their priorities are and how their prities will impact their plans. and that's a central debate in this election over the next 40 something days. >> i have to ask you, though, because you've been getting a lot of krcritics about the fact that the president would sit with the ladies "the view" and not take any one-on-ones. and nothing wrong with the interview with helthem, it's ju the timing. why not wait and instead of opening up such a vulnerable att
tax rates 20%, as you said, keep the budget deficit from getting larger, and protect the middle class from any tax increases. well, look, if you're going to cut taxes and you're going to be revenue neutral about it, that is not increase the budget deficit, that means somebody is going to have to pay more to offset the fact that somebody is paying less. >> and who is going to pay more? >> well, what mitt romney initially said was that we will just -- we'll get that from the top 1%. we'll get that from wealthy folks. well, that's where the arithmetic comes in. if you look at all of the deductions, you sum them all up, every single tax deduction going to those high-end folk, they don't make up the difference. it's not enough to offset the rate cuts. so you'd have to go to the middle class. >> okay. well, ryan and romney are fond of bragging about how they'll be tough on issues. once again we give you the candidate. >> we'll also take medicaid as well as housing and food stamps, we'll take the dollars that are going in those programs, return them to the states where they'll grow at the ra
on their budget plan, on deficit reduction, but i believe it was haley barbour and others that say the president is not being held to that same standard, the example they bring up is that the president says 1 million jobs -- mitt romney said 12 million and he has not explained but nevertheless, they see this is not equal treatment. when the president is on stage domestic policy, will he be under more fire to talk about the direction of the country because the responsibility and the onus right now is on him being the incumbent? >> i mean, absolutely. here's the reality. if you look at this in terms of, you know, what i think is going to end up happening in this debate, both candidates are going to force -- are going to be forced to answer the gaps if you will. i think the difference is, romney's gaps are the size of the grand canyon. the president i think has laid out pretty clear specific agenda in terms of where he wants to go. plus he has a record that he can go back to. he has a record he has to defend. but romney's problem is, this incredible reluctance to give any details about the loophole
for debilitating diseases. that's not a recipe for growth and we can reduce our deficit, including making some smart decisions on medicare in particular, where we're focused on lowering health care costs by reforming how health care is delivered but we don't need to be voucherizing the system to dump those costs on to seniors because, frankly, they can't afford it right now. >> pelley: there is a lot of rhetoric about medicare. what do you intend to do? >> well, i don't want any change to medicare for current seniors or for those that are nearing retirement. so the plan stays exactly same. >> pelley: make sure i understand. the idea under your plan for future seniors would be that the federal government would write that senior a check, essentially and say "now, you can go buy a private insurance plan or you can buy medicare from the federal government"? >> is that essentially it? >> that's essentially it. people would have a choice of either traditional government- run fee-for-service medicare or a private plan which has to offer the same benefits. it can't be skinnyed down. >> pelley: will th
that issue. it's like saying what's going to bring the united states back to a healthy and manageable deficit. >> reporter: and the more imminent threat to the economy may be the so-called fiscal cliff. the ratings agency fitch has said uncertainty about u.s. fiscal policy is the single-biggest near-term threat to the global recovery. >> winston churchill once said that the americans always do the right thing but only after extinguishing every other possibility. that is precisely what the americans are doing here. >> reporter: bremmer believes washington won't go over that cliff, but fixing europe could take years. spain reportedly could request a euro zone bailout as early as next weekend. >> pelley: anthony, thanks very much. those are some of the same questions we put together to one of the most powerful women in the world economy. christine legarde is managing director of the international monetary fund. the i.m.f. is essentially a massive bank set up after world war ii with-to-help countries with international trade. lagarde was a french finance minister. she took over the i.m.f. last su
their deficit so all of that is hard. but it's courageous. and it needs to be supported. >> pelley: christine lagarde, managing director of the international monetary fund. late today secretary of state hillary clinton said she put together a commission to investigate the attack on the u.s. consulate in benghazi, libya. it will be led by the former head of the joint chiefs of staff, admiral mike mullen and former u.s. ambassador thomas pickerring. they will look at security and how four americans, including ambassador chris stevens, were killed in an attack on the anniversary of september 11. american airlines discovers why some of its seats came loose. u.s. soldiers are on the lookout for afghan allies who may be enemies. and why half of the great barrier reef has vanished. when the "cbs evening news" continues. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinne
, cook county to close the budget deficit of more than $100 million why taxpayers will have to worry about filling that gap. also on monday we told you about how chicago played a role in chicago connection. you know what i love about this country? trick question. i love everything about this country! including prilosec otc. you know one pill each morning treats your frequent heartburn so you can enjoy all this great land of ours has to offer like demolition derbies. and drive thru weddings. so if you're one of those people who gets heartburn and then treats day after day block the acid with prilosec otc and don't get heartburn in the first place. [ male announcer ] one pill each morning. 24 hours. zero heartburn. ♪ introducing free layaway at kmart. it's a great time to get shopping. with hotwire's low prices, we can afford to take an extra trip this year. first boston... then san francisco. hotwire checks the competitions' rates every day so they can guarantee their low prices. so our hotels were half price. ♪ h-o-t-w-i-r-e... ♪ ♪ hotwire.com
inspector general. >> it puts the actual structural deficit right now at about $1 billion. >> so we need to come up with ideas fit for tough times. others can it rang up controversy like the one quarter cut in city communications staff fewer paid city holidays and already raising the ire of our union suggestions of eliminating hundreds of chicago fire fighters. there are things to put out there for people to explore and examined as we try to address our fiscal situation. 31 suggestions in total. mike shields talking about chicagos murder rate and the unthinkable nature of police. >> michelle obama stopped at a talk show studio today. later we caught her heading into one of two fund-raisers for the president or she was a guest speaker of course she told her audience is that barack is fighting for all of this and deserves a second term. the regular referees are finally back in the nfl the union that represents the officials reached a new contract deal much to the release of the player's fans and coaches the agreement referees will see their salaries rise to 205,000 by 2019. the league wi
perot interviewed on the economy, the deficit, and debt, and how it has changed since he ran for president in 1992 and 1996. find the article in today's edition of usa today. ross perot tonight at c-span - at 9:00 eastern on c-span. >> we underestimate how much we forget. particularly if we have a fragmentary idea, a fleeting sense of something interesting that then disappears. one of the things i try to do is not just to write everything down but to keep everything together. don't overorganize your notes. don't put them in folders and things like that, because you want to allow collisions to happen between your ideas. the important thing is to go back can be read all your notes, from six years ago and revisit that passed self and all the ideas he or she had. that is what it was like for most of the great minds of the enlightenment. they would put together passages from the books they read that they were inspired by and they would write their own notes and then they would go back and read this book that was a kind of clipping of all these other ideas and their intellectual se
the president not spending enough in outer space. this is mr. the deficit is coming to eat your grandchildren, but that's okay. because we should still be going to the moon to keep the chinese from being space station there. they are going to build a toy store there. and mitt romney is going to send all the work there. he is a remarkable guy, he is very capable of sending your job to china and making his money. >> stephanie: yeah exactly. love your headlines, scott brown will not be bullied by a girl from harvard. the only clips i saw was him bringing up her heritage over and over again. >> i think he's making a little bit of headway -- you know making her explain what she did for asbestos companies. it helped the asbestos workers, but you have to understand bankruptcy law to understand how it did that and you can't make a commercial out of that. the whole you make $350,000 to teach one course -- well he has been to law school. he knows how law schoolworks. >> stephanie: exactly. >> that line of attack is completely dissident from the line he sold to the country for three year
anything to bring down the deficit. but attacks at character assassination make it a lot harder to solve problems, to compromise to sit down and get something done. >> coming from the face of republican obstructionism, how do you respond to that, quickly. >> well, it's an incomprehensible jumble of words. i was presenting facts and he doesn't like the facts. maybe he can't take the truth.
the world. part of the budget reform hike taxes on the wealthy to reduce france's deficit amidst all of. calling for 7 a% tax on the super rich. aruba, sweden and denmark and netherlands have the highest tax rates between 50 and 60%. u.s. caps income tax rates currently at much lower 35%. critics say france's proposed hikes will back fire by putter hurting businesses. police in canada busted three men, including one current and one former police officer for smuggling cheese and other foods across the border cost more in canada than the lower 48. suspects bought $200,000 of the stuff buffalo, new york. drove some 22 miles into canada without declaring it to customs. sold it to canadian restaurants and made more than $165,000 in profit. off cheese. one day after israel's prime minister netanyahu drew a red line. he spoke about the iranian nuclear threat. we will have details from both phone calls. word of another football bounty scandal. but not in the nfl this time. peewee wait until you hear this. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance spee
to dissatisfaction with activity whether it's a lack of understanding of a topic or an attention deficit rather than being frustrated would replace the feeling with apathy. the ayes have the power over your brain that controls your hands and muscles doctors found we have far less control over our thoughts than we think study participants first using weighted polls mirrors were introduced and despite the fact that people could not balance a stick they didn't compensate by relying on the feeling of perception they kept trying to make it work with what they saw the finding is that people could not abandon visual information resulting in the brain making and hiding poor decisions based on site. >> temperatures back in the '80s soon. >> with hotwire's low prices i can afford to visit chicago for my first big race and l.a. for my best friend's wedding. because when hotels have unsold rooms, they use hotwire to fill them. so i got my hotels for half-price! >> men: ♪ h-o-t-w-i-r-e ♪ ♪ hotwire.com ♪ ♪ you do ♪ ♪ something to me ♪ ♪ that nobody else could do ♪ you know, i was once us
with former presidential candidate ross perot. he talks about the status of the economy, the deficit and debt, and how it has changed since his campaigns in 1992 and 1996. here's a portion of that interview. >> you established a third party. he ran twice. you established -- what was it? united we stand and then the reform party. do you think there is something wrong with the two-party system that has gotten, as we have seen, more acrimonious? >> it is almost impossible to do it. it would be a healthy thing if you could get it done and make it happen. they know they are going to be butchered from day one for what they have done. >> "usa today's" richard wolfe talks with ross perot. and to confine his article on monday in "usa today." >> my opponent and his running mate are big believers in top down economics. they basically think that if we spend another $5 trillion on tax cuts that favor the very wealthy -- [audience boos] don't boo. vote. vote. vote. >> he has one new idea. he has one thing he did not do in his first four years, which he says he will do in his next four years, which is raise
't believe you have to touch medicare to take care of the deficit or the debt. >> listen, it's a numbers issue right? i'm a numbers guy. used to be 40 years ago that you had two people in america working to pay for every one retiree. now it's basically, you know, one worker paying for 10 to 20 different retirees because we've got this horrific demographic shift, 7500 people turning 60 every day. you're right. the numbers are unsustainable. what was interesting about your chart was this. i'll tell you what. the president is glad the election is only 39 days away. because yesterday kind of quietly, i don't want to get wonky, we had dismal economic data. we referenced it at the top. durable goods was terrible. boeing sold only one aircraft in august. gdp was revised down. 25% of people, i can't remember the source of the poll, basically said they'll slow down spending because of the fiscal cliff issue. things are slowing down because people, smart viewers of "morning joe" and cnbc know that we're going to get the biggest tax hike in history if congress doesn't do something so the economy is
rallied from a major deficit to retain golf's prestigious ryder cup. cnn is live in medinah, illinois. shane, the u.s. team had a big lead going into the final day. what was the turning point for the europeans? >> reporter: i think that, deb, to be honest with you they were instilled with a faith, a belief, and the happy by their captain. he was a long time partner of seve. he was impressed on them his never say die attitude. he truly was a tat lis mattic figure in so many ryder cups. the americans led 10-6 and the europeans had never staged a comeback like this before in the history of the competition. there was a belief they could do it and they went out and won the first five matches. that whole belief filtered through to the rest of the team. it was a stunning success. the winning putt effectively coming on the 18th green by martin kaymer. he holed out for this crucial pair against stref stricker. it meant the europeans retained the cup. they had won 8 points out of 12 on the final day. in the final match tiger woods was up against the italian. they managed to eke out a half. it w
and debt and deficit and vote. i am a reliable vote for the bill. >> theme of the evening, independence good, partisanship bad. >> vote about 50% with my party and 50% with the democratic party and that's a lot different than what professor warren would do to be in lock step. >> when senator brown talks here in massachusetts about how very bipartisan he is and end pent he is he's not saying the same thing when he goes around the country raising money in this senate campaign. >> aliens watching the debate could be forgiven for voting in lock step is a criminal offense. warren accused brown of consistently voting with republican leadership to block jobs bills put forward by the president while brown said compromise was a foreign concept to the ultraliberal warren. with all political events this evening not without its gaffes. >> can you name some republicans in the senate today that you are able to work with on big, substantive issues that the country face this is. >> probably richard lugar would come to mind. >> he's not going to be there. >> who else could you name, senator? >> that is
and not having some larger deficit when they get out of school. that's going to do it for this hour. don't go anywhere, "now" with alex wagner is coming up. i know a lot to talk about beuse we've been seein both ckorthhis morning from cgi to the u.n. and now the mitt romney and education nation. >> it is a big day in the big apple, thomas, with everything from education, foreign policy and free speech on the menu. it is tuesday, september 25th, and this is "now." >>> joining me
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